Belmont Resources (CVE:BEA) Stock Price Up 20%

Belmont Resources Inc. (CVE:BEAGet Free Report) shares were up 20% during mid-day trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 141,000 shares changed hands during trading, an increase of 55% from the average daily volume of 90,953 shares. The stock had previously closed at C$0.03.

Belmont Resources Trading Up 20.0 %

The company has a current ratio of 0.52, a quick ratio of 1.41 and a debt-to-equity ratio of 0.60. The firm has a market cap of C$2.64 million, a price-to-earnings ratio of -5.00 and a beta of 1.39. The company has a fifty day moving average price of C$0.03 and a 200-day moving average price of C$0.03.

About Belmont Resources

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Belmont Resources Inc engages in the acquisition, exploration, and development of mineral resource properties in Canada and the United States. It explores for copper, gold, lithium, and uranium projects. The company holds a 100% interest in the Kibby Basin property that covers an area of approximately 13,440 acres located in Esmeralda County, Nevada; and the Crackingstone property situated in the Northern Mining District, Saskatchewan.

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